Sale reports / Iowa / Lamoni Livestock Auction / 2024-05-02

Lamoni Livestock Auction

Name: Lamoni Livestock Auction livestock auction prices — 2024-05-02
Creator: RaisedBeef
Published: 2024-05-02

Feeder Cattle · Lamoni, Iowa · Thu, May 2

● Final35 lots reportedUSDA AMS · slug 2158

← Apr 18May 2May 16 →

Receipts

1,685 head

▼ 94 vs last sale 1,779▼ 553 vs year ago 2,238 · −24.7%

View

Reporter comment USDA

As filed

Compared to the auction two week's ago, light weight 400 - 500 lb steer calves were 12.00 to 15.00 higher, six weight steers were 4.00 to 6.00 higher and 800 - 900 lb steer cattle were steady with a lower undertone. Load lots of heifers weighing 600 - 700 lb found today's market fully 10.00 to 12.00 higher. Market was very active. Demand was very good for today's moderate offering.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $299.36/cwt on 213 head. That ranks 1 of 13 comparable sales and sits −111.80 against this barn's trailing median of $411.16.

Average price

$299.36

213 head · 534 lb average

Value per head Derived

$1,598

Price × average weight ÷ 100

Grade differential Derived

$151

per head · Medium and Large 1 over Medium and Large 1-2

$19.85/cwt at this weight

vs the market

+7.93

vs IA average

+30.98 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	535	300.85	1,609	197
Medium and Large 1-2	519	281.00	1,458	16thin

One grade step is worth $19.85/cwt here — about $151 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only

This sale213 hd

299.36

—

IA average4 barns · 1,048 hd

291.43

+7.93

National average173 barns · 11,009 hd

268.38

+30.98

This barn, trailing median13 sales

411.16

−111.80

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

13 sales

Heifers 500–600 lb: high $465.23, low $360.50, median $411.16 across 13 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

35 lots · USDA AMS · Lamoni Livestock Feeder Cattle - Lamoni, IA

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers21 lots · lightest first
Steers	350–400	Medium and Large 1Unweaned	378	418.19/cwt	412.50–425.00	1,581	19
Steers	400–450	Medium and Large 1	424	376.40/cwt	360.00–392.50	1,596	20
Steers	400–450	Medium and Large 1Unweaned	435	392.50/cwt	392.50–392.50	1,707	14
Steers	450–500	Medium and Large 1	469	370.91/cwt	357.50–384.75	1,740	34
Steers	450–500	Medium and Large 1Unweaned	478	356.00/cwt	356.00–356.00	1,702	6
Steers	450–500	Medium and Large 1-2	480	349.00/cwt	349.00–349.00	1,675	9
Steers	500–550	Medium and Large 1Unweaned	503	345.30/cwt	342.50–349.00	1,737	14
Steers	500–550	Medium and Large 1-2Unweaned	514	314.00/cwt	314.00–314.00	1,614	9
Steers	500–550	Medium and Large 1	515	357.97/cwt	350.00–367.50	1,844	47
Steers	500–550	Medium and Large 1-2	540	332.00/cwt	332.00–332.00	1,793	9
Steers	550–600	Medium and Large 1	561	316.57/cwt	313.00–320.00	1,776	31
Steers	550–600	Medium and Large 1Unweaned	571	308.48/cwt	300.25–320.00	1,761	65
Steers	550–600	Medium and Large 1-2	585	285.00/cwt	285.00–285.00	1,667	5
Steers	600–650	Medium and Large 1	615	298.32/cwt	293.00–302.00	1,835	27
Steers	650–700	Medium and Large 1	670	283.60/cwt	272.00–287.25	1,900	33
Steers	650–700	Medium and Large 1Unweaned	672	264.00/cwt	264.00–264.00	1,774	5
Steers	700–750	Medium and Large 1	739	265.50/cwt	265.50–265.50	1,962	13
Steers	750–800	Medium and Large 1	768	259.40/cwt	243.00–266.75	1,992	23
Steers	850–900	Medium and Large 1	868	236.56/cwt	229.50–238.00	2,053	36
Steers	900–950	Medium and Large 1	939	222.00/cwt	222.00–222.00	2,085	56
Steers	1050–1100	Medium and Large 1	1,080	202.50/cwt	202.50–202.50	2,187	46
Feeder Cattle · Heifers13 lots · lightest first
Heifers	350–400	Medium and Large 1Unweaned	353	322.50/cwt	322.50–322.50	1,138	5
Heifers	400–450	Medium and Large 1	414	321.76/cwt	311.00–344.00	1,332	46
Heifers	450–500	Medium and Large 1	472	315.03/cwt	301.00–325.25	1,487	61
Heifers	500–550	Medium and Large 1Unweaned	519	296.00/cwt	296.00–296.00	1,536	11
Heifers	500–550	Medium and Large 1-2	519	281.00/cwt	281.00–281.00	1,458	16
Heifers	500–550	Medium and Large 1	526	307.32/cwt	293.50–322.00	1,617	144
Heifers	550–600	Medium and Large 1	568	283.83/cwt	272.00–293.00	1,612	31
Heifers	550–600	Medium and Large 1Unweaned	575	269.00/cwt	269.00–269.00	1,547	11
Heifers	600–650	Medium and Large 1	640	267.83/cwt	256.00–272.50	1,714	42
Heifers	650–700	Medium and Large 1	657	273.95/cwt	250.00–275.00	1,800	161
Heifers	750–800	Medium and Large 1	768	238.19/cwt	226.00–245.00	1,829	152
Heifers	850–900	Medium and Large 1	868	212.75/cwt	212.75–212.75	1,847	57
Heifers	900–950	Medium and Large 1	916	208.00/cwt	208.00–208.00	1,905	7
Feeder Cattle · Bulls1 lot · lightest first
Bulls	400–450	Medium and Large 1Unweaned	435	366.00/cwt	366.00–366.00	1,592	4

This sale against other markets

Iowa weighted averages

One sale is one barn on one day. The state ladder is every Iowa auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.

Iowa feeder prices, every weight →Every state and region →

Lamoni Livestock Feeder Cattle - Lamoni, IA

Thu May 2, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Des Moines, IA (LS-NW)

Receipts 1,685Last week 1,779Year ago 2,238

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
19	350–400	378	412.50–425.00	418.19
14	400–450	435	392.50	392.50
6	450–500	478	356.00	356.00
14	500–550	503	342.50–349.00	345.30
65	550–600	571	300.25–320.00	308.48
5	650–700	672	264.00	264.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
9	450–500	480	349.00	349.00
9	500–550	540	332.00	332.00
5	550–600	585	285.00	285.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
9	500–550	514	314.00	314.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
20	400–450	424	360.00–392.50	376.40
34	450–500	469	357.50–384.75	370.91
47	500–550	515	350.00–367.50	357.97
31	550–600	561	313.00–320.00	316.57
27	600–650	615	293.00–302.00	298.32
33	650–700	670	272.00–287.25	283.60
13	700–750	739	265.50	265.50
23	750–800	768	243.00–266.75	259.40
36	850–900	868	229.50–238.00	236.56
56	900–950	939	222.00	222.00
46	1050–1100	1,080	202.50	202.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
5	350–400	353	322.50	322.50
11	500–550	519	296.00	296.00
11	550–600	575	269.00	269.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
16	500–550	519	281.00	281.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
46	400–450	414	311.00–344.00	321.76
61	450–500	472	301.00–325.25	315.03
144	500–550	526	293.50–322.00	307.32
31	550–600	568	272.00–293.00	283.83
42	600–650	640	256.00–272.50	267.83
161	650–700	657	250.00–275.00	273.95
152	750–800	768	226.00–245.00	238.19
57	850–900	868	212.75	212.75
7	900–950	916	208.00	208.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1 · Unweaned$ per cwt · actual wt
4	400–450	435	366.00	366.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.